Assume That Coca-Cola Has a Market Share of 40% and Pepsi

Multiple Choice

Assume that Coca-Cola has a market share of 40% and Pepsi has a market share of 30%. If Pepsi and Coca-Cola attempt to merge, will the Federal Trade Commission challenge that attempt in court?

A) No, the industry is not concentrated.
B) Any decision would have to be unknown until the FTC closely evaluated the effects.
C) Yes, the industry is concentrated.
D) No, only the Justice Department has legal authority over mergers.